Horan Securities 13F annual report
Horan Securities is an investment fund managing more than $231 billion ran by Connie Grosser. There are currently 122 companies in Mrs. Grosser’s portfolio. The largest investments include Ishares Core Sp 500 Etf and Ishares Core Sp Small-cap Etf, together worth $135 billion.
$231 billion Assets Under Management (AUM)
As of 2nd August 2024, Horan Securities’s top holding is 204,949 shares of Ishares Core Sp 500 Etf currently worth over $112 billion and making up 48.5% of the portfolio value.
In addition, the fund holds 211,928 shares of Ishares Core Sp Small-cap Etf worth $22.6 billion.
The third-largest holding is Ishares Core Sp Mid-cap Etf worth $17.9 billion and the next is Procter Gamble Co worth $6.42 billion, with 38,938 shares owned.
Currently, Horan Securities's portfolio is worth at least $231 billion. The total portfolio value may be much higher due to cash
assets that are not publicly disclosed such as fixed income, real estate, or cash equivalents.
Careers at Horan Securities
The Horan Securities office and employees reside in Cincinnati, United States. According to the last 13-F report filed with the SEC, Connie Grosser serves as the Chief Compliance Officer at Horan Securities.
Recent trades
In the most recent 13F filing, Horan Securities revealed that it had opened a new position in
Lockheed Martin and bought 2,490 shares worth $1.16 billion.
This means they effectively own approximately 0.1% of the company.
Lockheed Martin makes up
19.4%
of the fund's Industrials sector allocation and has grown its share price by 21.1% in the past year.
The investment fund also strengthened its position in Ishares Core Sp 500 Etf by buying
11,089 additional shares.
This makes their stake in Ishares Core Sp 500 Etf total 204,949 shares worth $112 billion.
On the other hand, there are companies that Horan Securities is getting rid of from its portfolio.
Horan Securities closed its position in Honeywell International Inc on 9th August 2024.
It sold the previously owned 1,332 shares for $273 million.
Connie Grosser also disclosed a decreased stake in Microsoft by approximately 0.1%.
This leaves the value of the investment at $2.81 billion and 6,289 shares.
One of the smallest hedge funds
The two most similar investment funds to Horan Securities are Stonepine Capital Management and Compass Group. They manage $231 billion and $231 billion respectively.
Connie Grosser investment strategy
Horan Securities’s portfolio is diversified across 12 sectors.
Currently, their heaviest sector is Technology — making up 3.3% of
the total portfolio value.
The fund focuses on investments in the United States as
44.3% of the portfolio companies
are based in the United States.
The majority of the companies in the fund’s portfolio are large-cap stocks.
Stocks with a size of more than $10 billion in market cap make up
40% of the total holdings value.
On the other hand, small-cap stocks make up only 4.1% of the portfolio.
The average market cap of the portfolio companies is close to $216 billion.
The complete list of Horan Securities trades based on 13F SEC filings
These positions were updated on August 9th based on the fund’s latest 13F filing. Quickly find out what the most recently closed or increased positions are.
| Security | Shares Owned | Value | Allocation |
|---|---|---|---|
| Ishares Core Sp 500 Etf |
5.72%
204,949
|
$112,154,209,000 | 48.49% |
| Ishares Core Sp Small-cap Etf |
7.51%
211,928
|
$22,604,223,000 | 9.77% |
| Ishares Core Sp Mid-cap Etf |
7.99%
305,816
|
$17,896,330,000 | 7.74% |
| Procter Gamble Co |
10.79%
38,938
|
$6,421,721,000 | 2.78% |
| Apple Inc |
0.16%
23,205
|
$4,887,510,000 | 2.11% |
| Ishares Msci Eafe Value Etf |
0.85%
78,625
|
$4,170,287,000 | 1.80% |
| Ishares Russell 1000 Growth Etf |
5.78%
9,190
|
$3,349,910,000 | 1.45% |
| Microsoft Corporation |
0.41%
6,289
|
$2,811,087,000 | 1.22% |
| Vanguard Sp 500 Etf |
2.80%
3,123
|
$1,561,690,000 | 0.68% |
| Ishares National Muni Bond Etf |
8.92%
12,176
|
$1,297,393,000 | 0.56% |
| Lockheed Martin Corp. |
Opened
2,490
|
$1,163,056,000 | 0.50% |
| Ishares Ibonds Dec 2027 Term Corp Etf |
15.72%
45,782
|
$1,086,418,000 | 0.47% |
| Ishares Ibonds Dec. 2025 Corporate Bond Etf |
15.01%
43,605
|
$1,084,022,000 | 0.47% |
| Ishares Ibonds Dec. 2026 Corporate Bond Etf |
15.20%
45,428
|
$1,082,085,000 | 0.47% |
| Jpmorgan Chase Co |
0.23%
5,237
|
$1,059,216,000 | 0.46% |
| LCNB Corp |
No change
74,690
|
$1,038,938,000 | 0.45% |
| Ishares Ibonds Dec. 2024 Corporate Bond Etf |
6.01%
40,656
|
$1,021,695,000 | 0.44% |
| iShares 3-7 Year Treasury Bond ETF |
1.00%
8,570
|
$989,597,000 | 0.43% |
| Spdr Ssga Multi-asset Real Return Etf |
12.32%
34,957
|
$965,862,000 | 0.42% |
| CSX Corp. |
42.91%
28,776
|
$962,558,000 | 0.42% |
| General Electric Co |
45.11%
5,948
|
$945,520,000 | 0.41% |
| Spdr Portfolio Short Term Treasury Etf |
0.91%
32,748
|
$945,449,000 | 0.41% |
| Alphabet Inc |
3.32%
7,480
|
$1,365,463,000 | 0.59% |
| Johnson Johnson |
0.99%
6,419
|
$938,249,000 | 0.41% |
| Broadcom Inc |
1.02%
581
|
$932,869,000 | 0.40% |
| Home Depot, Inc. |
0.57%
2,645
|
$910,502,000 | 0.39% |
| Ishares Msci Usa Quality Factor Etf |
3.71%
5,229
|
$892,919,000 | 0.39% |
| Berkshire Hathaway Inc. |
4.79%
2,187
|
$889,614,000 | 0.38% |
| Ishares Msci Eafe Growth Etf |
5.15%
8,681
|
$888,104,000 | 0.38% |
| Spdr Sp 500 Etf Trust |
0.13%
1,565
|
$851,660,000 | 0.37% |
| iShares 7-10 Year Treasury Bond ETF |
1.13%
8,867
|
$830,365,000 | 0.36% |
| Hillenbrand Inc |
3.75%
20,627
|
$825,493,000 | 0.36% |
| Schwab Us Broad Market Etf |
27.21%
12,766
|
$802,607,000 | 0.35% |
| Ishares Core Msci Total Intl Stk Etf |
1.59%
11,023
|
$744,694,000 | 0.32% |
| Chevron Corp. |
43.83%
4,473
|
$699,665,000 | 0.30% |
| Walmart Inc |
5.53%
9,782
|
$662,324,000 | 0.29% |
| Abbvie Inc |
0.21%
3,854
|
$661,106,000 | 0.29% |
| Ishares Russell 1000 Value Etf |
2.03%
3,711
|
$647,511,000 | 0.28% |
| Qualcomm, Inc. |
0.43%
3,237
|
$644,648,000 | 0.28% |
| Raytheon Technologies Corp |
94.75%
5,753
|
$577,589,000 | 0.25% |
| Schwab Fundamental Us Small Company Etf |
0.29%
10,412
|
$571,828,000 | 0.25% |
| Vanguard Total Stock Market Etf |
29.19%
2,102
|
$562,178,000 | 0.24% |
| Trane Technologies plc |
0.12%
1,708
|
$561,656,000 | 0.24% |
| Williams Companies Inc |
0.05%
12,387
|
$526,435,000 | 0.23% |
| Exxon Mobil Corp. |
9.13%
4,433
|
$510,348,000 | 0.22% |
| Merck Co Inc |
0.10%
4,101
|
$507,758,000 | 0.22% |
| Victoryshares Core Intermediate Bond Etf |
0.61%
10,982
|
$505,278,000 | 0.22% |
| Energy Transfer Lp |
Opened
31,004
|
$502,878,000 | 0.22% |
| Pepsico Inc |
0.07%
3,014
|
$497,030,000 | 0.21% |
| Ishares Ibonds Dec 2025 Term Muni Bd Etf |
19.56%
18,688
|
$494,955,000 | 0.21% |
| Anthem Inc |
No change
901
|
$488,216,000 | 0.21% |
| TJX Companies, Inc. |
No change
4,354
|
$479,344,000 | 0.21% |
| Abbott Laboratories |
0.24%
4,583
|
$476,240,000 | 0.21% |
| AMGEN Inc. |
No change
1,452
|
$453,716,000 | 0.20% |
| Verizon Communications Inc |
2.84%
10,805
|
$445,595,000 | 0.19% |
| Vanguard Real Estate Etf |
0.19%
5,250
|
$439,718,000 | 0.19% |
| Ishares Core Msci Emerging Markets Etf |
20.59%
8,200
|
$438,966,000 | 0.19% |
| Ishares Ibonds Dec 2024 Term Muni Bond |
22.72%
16,818
|
$438,021,000 | 0.19% |
| Vanguard Growth Etf |
6.71%
1,145
|
$428,374,000 | 0.19% |
| Vanguard Small-cap Etf |
0.49%
1,829
|
$398,879,000 | 0.17% |
| New Residential Investment Corp. |
144.37%
36,196
|
$394,895,000 | 0.17% |
| Duke Energy Corp. |
2.05%
3,924
|
$393,346,000 | 0.17% |
| Ishares Core Us Aggregate Bond Etf |
13.72%
3,937
|
$382,160,000 | 0.17% |
| Vanguard Ftse Developed Markets Etf |
0.28%
7,397
|
$365,547,000 | 0.16% |
| Ishares Msci Eafe Etf |
4.66%
4,563
|
$357,419,000 | 0.15% |
| Automatic Data Processing Inc. |
0.07%
1,497
|
$357,377,000 | 0.15% |
| Carrier Global Corporation |
Opened
5,522
|
$348,303,000 | 0.15% |
| Fiserv, Inc. |
No change
2,332
|
$347,561,000 | 0.15% |
| Vanguard Ftse All-wld Ex-us Etf |
44.72%
5,896
|
$345,763,000 | 0.15% |
| Norfolk Southern Corp. |
0.44%
1,599
|
$343,252,000 | 0.15% |
| Charles Schwab Corp. |
0.04%
4,656
|
$343,120,000 | 0.15% |
| Accenture plc |
0.09%
1,125
|
$341,384,000 | 0.15% |
| Thermo Fisher Scientific Inc. |
No change
611
|
$338,015,000 | 0.15% |
| NextEra Energy Inc |
0.06%
4,704
|
$333,119,000 | 0.14% |
| Illinois Tool Works, Inc. |
0.07%
1,381
|
$327,242,000 | 0.14% |
| Hartford Financial Services Group Inc. |
No change
3,200
|
$321,728,000 | 0.14% |
| Ishares Ibonds Dec 2026 Term Muni Bond Etf |
41.82%
12,687
|
$321,230,000 | 0.14% |
| Comcast Corp |
9.08%
8,148
|
$319,070,000 | 0.14% |
| Meta Platforms Inc |
Opened
618
|
$311,582,000 | 0.13% |
| Bristol-Myers Squibb Co. |
39.31%
7,456
|
$309,661,000 | 0.13% |
| American Financial Group Inc |
0.52%
2,500
|
$307,603,000 | 0.13% |
| Vanguard Dividend Appreciation Etf |
7.21%
1,681
|
$306,884,000 | 0.13% |
| First Trust Tcw Unconstrained Plus Bond Etf |
4.30%
12,533
|
$306,442,000 | 0.13% |
| Vanguard Ftse Emerging Markets Etf |
8.54%
6,976
|
$305,289,000 | 0.13% |
| Ishares Core International Aggt Bd Etf |
6.40%
5,912
|
$295,144,000 | 0.13% |
| Cintas Corporation |
No change
418
|
$292,792,000 | 0.13% |
| Adobe Inc |
No change
517
|
$287,219,000 | 0.12% |
| Air Products Chemicals Inc |
No change
1,090
|
$281,355,000 | 0.12% |
| Visa Inc |
No change
1,061
|
$278,549,000 | 0.12% |
| Ishares Msci Usa Min Vol Factor Etf |
0.15%
3,309
|
$277,783,000 | 0.12% |
| Invesco Sp 500 Low Volatility Etf |
0.45%
4,275
|
$277,637,000 | 0.12% |
| Crown Castle International Corp |
No change
2,838
|
$277,289,000 | 0.12% |
| Northrop Grumman Corp. |
No change
631
|
$275,187,000 | 0.12% |
| Honeywell International Inc |
Closed
1,332
|
$273,342,000 | |
| Shell Plc |
0.03%
3,710
|
$267,810,000 | 0.12% |
| Otis Worldwide Corporation |
Opened
2,763
|
$265,948,000 | 0.11% |
| United Parcel Service, Inc. |
0.05%
1,937
|
$265,091,000 | 0.11% |
| EOG Resources, Inc. |
0.10%
2,081
|
$261,932,000 | 0.11% |
| BorgWarner Inc |
0.01%
8,120
|
$261,773,000 | 0.11% |
| U.s. Bancorp |
0.15%
6,586
|
$261,455,000 | 0.11% |
| International Business Machines Corp. |
1.96%
1,509
|
$260,989,000 | 0.11% |
| CVS Health Corp |
Closed
3,203
|
$255,457,000 | |
| Citizens Financial Group, Inc. |
3.01%
7,065
|
$254,549,000 | 0.11% |
| Ishares Short-term National Muni Bd Etf |
23.43%
2,423
|
$253,362,000 | 0.11% |
| Ishares Msci Emerging Markets Etf |
3.82%
5,920
|
$252,147,000 | 0.11% |
| Target Corp |
0.06%
1,673
|
$247,638,000 | 0.11% |
| Schwab International Equity Etf |
17.15%
6,400
|
$245,905,000 | 0.11% |
| Amazon.com Inc. |
8.77%
1,265
|
$244,466,000 | 0.11% |
| Ge Vernova Inc Com |
Opened
1,375
|
$235,826,000 | 0.10% |
| Ishares 1-5 Year Invmt Grd Corp Bd Etf |
0.99%
4,576
|
$234,469,000 | 0.10% |
| Ishares Russell Mid-cap Etf |
0.21%
2,806
|
$227,515,000 | 0.10% |
| Alps O'shares Us Small-cap Quality Dividend Etf |
7.47%
5,424
|
$223,636,000 | 0.10% |
| Cisco Systems, Inc. |
0.09%
4,604
|
$218,737,000 | 0.09% |
| Diageo plc |
Closed
1,446
|
$215,031,000 | |
| T. Rowe Price Group Inc |
Closed
1,731
|
$211,081,000 | |
| Ev Tax-mgd Gbl Div Equity Income |
Opened
24,975
|
$211,035,000 | 0.09% |
| The Southern Co. |
Opened
2,693
|
$208,882,000 | 0.09% |
| NVIDIA Corp |
Opened
1,690
|
$208,740,000 | 0.09% |
| Keurig Dr Pepper Inc |
Opened
6,225
|
$207,907,000 | 0.09% |
| Cincinnati Financial Corp. |
No change
1,754
|
$207,147,000 | 0.09% |
| Palo Alto Networks Inc |
Opened
610
|
$206,627,000 | 0.09% |
| Mcdonald's Corp |
Closed
732
|
$206,424,000 | |
| Ishares Russell 1000 Etf |
Opened
693
|
$206,242,000 | 0.09% |
| PayPal Holdings Inc |
Closed
3,053
|
$204,490,000 | |
| Ishares Core Us Reit Etf |
Opened
3,816
|
$204,396,000 | 0.09% |
| Fifth Third Bancorp |
Opened
5,532
|
$201,874,000 | 0.09% |
| Ameriprise Financial Inc |
No change
469
|
$200,300,000 | 0.09% |
| Heron Therapeutics Inc |
Opened
29,310
|
$102,585,000 | 0.04% |
| No transactions found | |||
| Showing first 500 out of 128 holdings | |||
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